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SBA Loans (980 words) |
 | SBA loans are available to a wider group of businesses than conventional bank loans. |
| SBA loans are usually payable from 7 to 25 years, depending on the purpose of the loan. |
| Most SBA loans are a variable rate based on the Wall Street Journal Prime Rate plus a margin that depends upon the size and type of the loan, as well as the borrower's credit standing. |
| FR Doc 03-26514 (5619 words) |
| As SBA explained in its preamble to the proposed rule published on January 31, 2003, the proposed dollar amounts of the thresholds are based on a comparative analysis of the number and size of the contracting actions of the major procuring activities. |
| SBA agrees that effective procedures to mitigate the effects of contract bundling on small businesses necessitates more stringent requirements for monitoring compliance with subcontracting plans to ensure that small businesses receive the maximum practical opportunity to participate as subcontractors in large Federal contracts. |
| SBA recognizes that lowering the threshold for ``substantial bundling'' would mean enlarging the number of procurements that would require the additional written justification under Sec. |
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